Wednesday 11 June 2014

CAPITAL STROKE UPDATE 11-June-2014 : MCX COPPER



COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-412 R1-406 S1-394 S2-388
Copper recovered losses on short covering after price dropped as Chinese authorities continued to investigate.Official data showed that the annual rate of consumer price inflation in China ticked up to a four-month high of 2.5% in May.

Latest data from top consumer China showed encouraging signs of an economic recovery.

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